Cost Optimization Solutions for FinOps (Part 2)

via AWS Skill Builder

AWS Skill Builder

479 Courses


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Overview

Discover cost optimization strategies for AWS services, focusing on data transfer, networking, analytics, containers, and AI/ML to help reduce cloud spend through rightsizing, reserved capacity, and serverless solutions.

Syllabus

    - Introduction to FinOps and Cost Optimization -- Review of FinOps fundamentals -- Importance of cost optimization in cloud computing - Advanced Cost Management Tools -- AWS Cost Explorer deep dive -- Using AWS Budgets effectively -- AWS Cost and Usage Reports (CUR) - Optimization Strategies -- Rightsizing and resizing resources -- Utilizing Reserved Instances and Savings Plans -- Spot instances and their strategic use - Automation and Governance -- Implementing cost optimization automation with AWS Lambda -- Governance best practices for cost allocation and tagging - Advanced Business Metrics -- KPIs for cloud financial management -- Monitoring and reporting for cost efficiency - Case Studies and Real-world Scenarios -- Analyzing successful cost optimization implementations -- Lessons learned from industry leaders - Integration with Non-AWS Tools -- Third-party tools for enhancing AWS cost optimization -- Using APIs for custom solutions - Future of FinOps and AI Integration -- Trends in AI for predictive cost management -- Machine learning models for cost forecasting - Hands-on Labs -- Interactive exercises with AWS tools -- Practical implementation of learned concepts - Conclusion and Next Steps -- Recap of key concepts -- Resources for further learning and certification paths

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